AUDUSD monthly bearish (4H)

7 Jan 2022

I’m zoomed on the four hour looking for areas to sell. If you zoom out to the daily you will be able to see that we had created a H&S for a while and retested the base. As of right now I feel as if their will be a big drop every week making this month bearish. Here on the 4h you can see that I feel that it will retest to the .382 area and begin to go into a big dip possibly about 150pips. So watch out for this area as it should be a key area for sells. Happy trading y’all